Solutions are customized for payers,
providers, pharmaceutical companies, and government
agencies
CARMEL,
Ind., Jan. 9, 2024 /PRNewswire/ -- Syra Health
Corp. (NASDAQ: SYRA) ("Syra Health" or the "Company"), a healthcare
technology company with a mission to improve healthcare by
providing innovative services and technology solutions, today
announced the expansion of its cybersecurity offerings in support
of its healthcare customers.
Cybersecurity is essential in healthcare because of the
sensitive nature of the patient data being handled and the negative
effects cyber-attacks can have on millions of Americans. According
to a 2020 HHS Report on cybersecurity, 560 health organizations
were impacted by ransomware attacks, and approximately one million
healthcare records were breached monthly.
"We have read the news and heard from our customers repeatedly
about their data protection concerns and have invested
significantly in the development and maintenance of advanced
security protocols, encryption technologies, and monitoring
solutions," said Sandeep Allam,
Executive Chairman and President, Syra
Health.
Beyond Syra Health's existing Cybersecurity solutions, which
include comprehensive risk assessments and proactive monitoring,
the Company is now offering government agencies additional services
such as:
- Threat intelligence and prevention plans
- Data protection and privacy compliance services
- Policy development and implementation for healthcare
cybersecurity
- Cybersecurity audits and assessments for healthcare
facilities
- Secure mobile and telehealth solutions
Malware and Ransomware attacks can be particularly devastating
for payers when personal information can then be used for malicious
activities such as healthcare insurance fraud.
Syra Health's enhanced solutions for payers include:
- Proactive risk management for insurance including real-time
monitoring and analysis
- Continuous fraud detection and prevention
services, including collaboration with law enforcement
- Secure and transparent claims processing and payment
systems
- Data encryption and protection for sensitive payer
information
- Compliance monitoring for payer information
For biopharmaceutical companies where intellectual property
protection is paramount, Syra Health is offering its customers:
- Intellectual property protection for drug development
- Secure clinical trial data management and storage
- Supply chain security and anti-counterfeiting measures
- Regulatory compliance assistance for the drug approval
process
- R&D data protection and cyber threat monitoring
For healthcare providers responsible for upholding HIPAA (Health
Insurance Portability and Accountability Act) and preventing
sensitive patient health information from being disclosed, Syra
Health now offers:
- Expertise in HITECH (Health Information Technology for Economic
and Clinical Health), for the adoption and meaningful use of
electronic health records (EHRs)
- SOC2 compliance
- Automation and internal auditing of processes and compliance
tasks
- Medical device security and vulnerability assessments
- Training and education on cyber hygiene for healthcare
staff
- Electronic Health Record security and privacy solutions
- Secure patient data management and sharing
- Networking security for hospital systems and
infrastructure
"At Syra Health, our solutions are focused on prevention,
affordability, and accessibility, said Dr. Deepika Vuppalanchi, CEO, Syra Health. "This same approach applies to our
expanded cybersecurity offerings. We are doing all that we can to
support our partners in healthcare by preventing cyberattacks from
occurring."
ABOUT SYRA HEALTH
Syra Health is a healthcare technology company addressing some
of healthcare's most significant challenges in areas such as
behavioral and mental health, digital health, and population
health, by providing innovative services and technology solutions.
Syra Health's products and services are centered on prevention,
improved access, and affordable care. Syra Health supplies its
solutions to payers, providers, life sciences organizations,
academic institutions, and the government. For more information,
please visit www.syrahealth.com.
Forward-Looking Statements
Statements in this press release about future expectations,
plans, and prospects, as well as any other statements regarding
matters that are not historical facts, may
constitute"forward-looking statements." These statements include
but are not limited to, statements relating to the expected use of
proceeds, the Company's operations and business strategy, and the
Company's expected financial results. The words "anticipate,"
"believe," "continue," "could," "estimate," "expect," "intend,"
"may," "plan," "potential," "predict," "project," "should,"
"target," "will," "would" and similar expressions are intended to
identify forward-looking statements, although not all
forward-looking statements contain these identifying words. The
forward-looking statements contained in this press release are
based on management's current expectations and are subject to
substantial risks, uncertainty, and changes in circumstances.
Investors should read the risk factors outlined in our registration
statement on Form S-1 and other periodic reports filed with the
Securities and Exchange Commission. Any forward-looking statements
contained in this press release speak only as of the date hereof,
and, except as required by federal securities laws, the Company
specifically disclaims any obligation to update any forward-looking
statements, whether as a result of new information, future events,
or otherwise.
For more information, please contact:
For Media Inquiries:
Christine
Drury
Communications & Marketing Director
Syra Health
463-345-5180
christined@syrahealth.com
For Investor Inquiries:
Ben
Shamsian
Vice President
Lytham Partners, LLC
646-829-9701
shamsian@lythampartners.com
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SOURCE Syra Health